Remittances and the Dutch Disease
Using data for El Salvador and Bayesian techniques, we develop and estimate a two-sector dynamic stochastic general equilibrium model to analyze the effects of remittances on emerging market economies. We find that, whether altruistically motivated or otherwise, an increase in remittance flows leads...
Main Authors: | , , |
---|---|
Language: | EN |
Published: |
2012
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/4837 |